1. If price reaches the completion of this BAT pattern I will wait for a reaction ( Engulfingbullish candle, Tweezer bottom , etc) within the PRZ. This entry zone has acted as support in the past. It is also at a 1.272 fib inversion.
2. Stop is placed at the 1.13 fib extension of the XA leg.
3. Target 1 is below the 38.2 retracement of the larger down move and slightly below the A point of the BAT pattern .
4. Target 2 is slightly above the 50% retracement of the larger move down. This area had acted as resistance in the past.
5. Both stops are moved to breakeven when target 1 is hit. Target 2 stops are trailed using the DNC indicator once moved to breakeven.